Fournier Fixtures produces a variety of manufactured items for the home and building industry. The company produces only when it receives orders and, therefore, has no inventories. The following information is available for the current month: Sales revenue Less Actual (based on actual orders for 434,000 units) $ 8,246,000 Master Budget (based on budgeted orders for 387,500 units) $ 7,750,000 Variable costs Materials Direct labori Variable overhead Variable marketing and administrative Total variable costs Contribution margin Less Fixed costs Manufacturing overhead. Marketing Administrative Total fixed costs Operating profits Required: Prepare a flexible budget for Fournier Fixtures. Note: Do not round intermediate calculations. Fournier Fixtures 2,687,000 245,000 1,252,000 890,000 $ 5,074,000 $ 3,172,000 1,695,000 628,000 435,000 $ 2,758,000 $414,000 2,385,000 225,000 1,110,000 800,000 $ 4,520,000 $ 3,230,000 1,730,000 610,000 475,000 $ 2,815,000 $415,000 Flexible Budget Sales revenue Variable costs Materials Direct labor Variable overhead: Variable marketing and administrative Total variable costs $ 0 $ 0 Contribution margin Fixed costs Manufacturing overhead Marketing Administrative Total fixed costs Operating profit $ 0 $ 0